IPGP vs KRNT Stock Comparison

Ipg Photonics and Kornit Digital Prices as of Oct 28, 2026 Peers: Industry group
IPGP Ipg Photonics Corp
$75.53 -2.2% 1M -13.2% 1Y
Market cap
$3.21B
P/E
116.4x
Revenue (TTM)
$1.07B
Div. yield
–
Industrial Machinery Industrials
6 wins
KRNT Kornit Digital Ltd.
$18.15 +13.4% 1M +24.8% 1Y
Market cap
$840.18M
P/E
–
Revenue (TTM)
$215.85M
Div. yield
–
Industrial Machinery Industrials
2 wins

Head to Head

8 decided of 12

Ipg Photonics leads on 6 of the 12 questions below (Ipg Photonics 6, Kornit Digital 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIPGPKRNTLeader
Larger companyMarket capitalisation $3.21B $840.18M IPGP
Cheaper on earningsLower P/E, profitable companies only 116.4x -40.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 71.9x 90.7x IPGP
Faster revenue growthRevenue growth, trailing twelve months +13.0% +4.0% IPGP
More profitableNet margin, trailing twelve months 2.6% -9.4% IPGP
Better return on capitalReturn on invested capital — — –
Less leveragedLower net debt / EBITDA — — –
Higher dividend yieldTrailing dividend yield 0.00% — –
Better 1-year returnPrice return, last 12 months -13.2% +24.8% KRNT
Better 5-year returnAnnualised price return, 5 years -13.8%/yr -35.9%/yr IPGP
Less volatileAnnualised volatility, 1 year 72.0% 43.5% KRNT
Higher overall scoreMean of the five percentile scores vs peers 59/100 44/100 IPGP

Percentile Scorecard

IPGPKRNT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisIPGPKRNT
Valuation 40 #122 of 203 48 #107 of 203
Growth 32 #129 of 188 40 #113 of 188
Profitability 32 #126 of 184 22 #143 of 184
Financial Health 96 #9 of 217 99 #3 of 217
Shareholder Returns 94 #10 of 153 11 #137 of 153
Overall 59 44
  • IPGP ranked among 222 companies in Machinery
  • KRNT ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodIPGPKRNTSPY
1 month -2.2%+13.4% +0.9%
3 months -5.8%+24.1% +5.9%
6 months -33.3%+19.2% +8.5%
Year to date +5.5%+26.2% +13.3%
1 year -13.2%+24.8% +12.4%
3 years -14.3%+32.5% +88.1%
3 years, per year -5.0%+9.8% +23.5%
5 years -52.5%-89.1% +68.2%
5 years, per year -13.8%-35.9% +11.0%
10 years -22.1%+72.0% +263.4%
10 years, per year -2.5%+5.6% +13.8%

Risk

MeasureIPGPKRNTSPY
Volatility, 1Y 72.0%43.5% 12.7%
Downside volatility, 1Y 77.7%40.0% 12.7%
Beta vs S&P 500, 1Y 2.151.52 1.00
Return / volatility, 1Y -0.180.57 0.98
Max drawdown, 5Y -72.0%-93.0% -25.4%
From 52-week high -50.9%-0.9% -0.9%
52-week high $153.91$18.31 $779.14
52-week low $69.41$12.31 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleIPGPKRNT
P/E now vs peer median 116.4xmedian 25.4x -40.4xmedian 25.4x
P/S now vs peer median 3.0xmedian 1.9x 3.9xmedian 1.9x
EV/EBITDA now vs peer median 31.2xmedian 14.3x -17.0xmedian 14.3x
P/FCF now vs peer median 154.5xmedian 21.8x 31.5xmedian 21.8x
P/B now vs peer median 1.5xmedian 2.2x 1.3xmedian 2.2x
PEG now vs peer median -3.43median 1.41 -1.10median 1.41

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsIPGPKRNT
Revenue $1.07B $215.85M
Gross profit $410.10M $97.83M
Operating income $7.97M -$40.02M
Net income $27.56M -$20.32M
Free cash flow $20.80M $26.70M
R&D $123.44M $20.41M
EPS (diluted) $0.64 $-0.45
Cash & equivalents $399.23M $33.81M
Shares (diluted) 42.91M 45.24M
Enterprise value -$181.36M -$702.66M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricIPGPKRNT
P/E 116.4x -40.4x
P/FCF 154.5x 31.5x
P/Operating cash flow 33.3x 28.2x
P/S 3.0x 3.9x
P/B 1.5x 1.3x
P/Tangible book 1.5x 1.3x
EV/EBITDA 31.2x -17.0x
EV/EBIT 293.8x -11.7x
EV/Revenue 2.2x 2.2x
EV/FCF 112.6x 17.5x
EV/Operating cash flow 24.3x 15.7x
PEG (3Y EPS CAGR) -3.43 -1.10

Growth

14 metrics
MetricIPGPKRNT
Revenue growth (1Y) 13.0% 4.0%
Revenue CAGR (3Y) -7.9% -2.7%
Gross profit growth (1Y) 25.1% -1.6%
Gross profit CAGR (3Y) -6.8% 9.5%
Operating income growth (1Y) 103.4% -28.0%
Operating income CAGR (3Y) -62.6% 21.6%
Net income growth (1Y) 112.8% -80.4%
Net income CAGR (3Y) -36.2% 38.6%
EPS growth (1Y) 112.7% -89.3%
EPS CAGR (3Y) -34.0% 36.6%
Operating cash flow growth (1Y) -36.2% -40.1%
Operating cash flow CAGR (3Y) -24.2% 33.9%
Free cash flow growth (1Y) -67.8% -41.6%
Free cash flow CAGR (3Y) -43.0% 34.6%

Profitability

14 metrics
MetricIPGPKRNT
Gross margin 38.4% 45.3%
EBITDA margin 7.0% -12.7%
Operating margin 0.7% -18.5%
Pretax margin 3.7% -9.0%
Net margin 2.6% -9.4%
FCF margin 1.9% 12.4%
Operating cash flow margin 9.0% 13.8%
Return on equity 1.3% -3.0%
Return on assets 1.1% -2.7%
Return on invested capital – –
Return on capital employed 0.4% -5.9%
Asset turnover 0.4x 0.3x
Cash conversion (OCF / net income) 3.5x -1.5x
Stock comp / revenue 3.9% 9.6%

Financial Health

11 metrics
MetricIPGPKRNT
Debt / assets – –
Debt / equity – –
Net debt / EBITDA – –
Debt / FCF – –
Liabilities / assets 12.3% 11.4%
Equity / assets 87.7% 88.6%
Interest coverage – –
Current ratio 6.2x 8.8x
Quick ratio 4.4x 6.6x
Cash ratio 3.6x 5.7x
Altman Z-score 9.08 –

Shareholder Returns

7 metrics
MetricIPGPKRNT
Dividend yield – –
Net buyback yield 4.1% -4.6%
Shareholder yield 4.1% -4.6%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusIPGPKRNT
Forward P/E 71.9xFY2026 90.7xFY2026
EPS, next fiscal year $1.05FY2026 $0.20FY2026
EPS growth, next FY +43.8%FY2026 -35.5%FY2026
EPS growth, the year after +109.5% +50.0%
Revenue, next fiscal year $1.18BFY2026 $229.31MFY2026
Revenue growth, next FY +18.1%FY2026 +10.1%FY2026
Revenue growth, the year after +7.7% +0.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIPGPKRNT
Held by institutions 71.5% 90.9%
Institutions holding 356 118
Change in shares held, QoQ +4.7% -3.9%
Institutions buying 214 65
Institutions selling 96 35
Buyers to sellers 2.23 1.86

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

IPGPKRNT
IPGP 1.00 0.22
KRNT 0.22 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IPGP and KRNT?

Ipg Photonics (IPGP) is the largest by market capitalisation: Ipg Photonics (IPGP) $3.21B, Kornit Digital (KRNT) $840.18M.

Which company is growing faster?

Ipg Photonics (IPGP) grew revenue fastest over the trailing twelve months: Ipg Photonics (IPGP) +13.0%, Kornit Digital (KRNT) +4.0%.

Which company is more profitable?

Ipg Photonics (IPGP) has the highest net margin (Ipg Photonics (IPGP) 2.6%, Kornit Digital (KRNT) -9.4%).

Which stock has performed better?

Over the past year Kornit Digital (KRNT) returned the most: Ipg Photonics (IPGP) -13.2%, Kornit Digital (KRNT) +24.8%. Over five years, Ipg Photonics (IPGP) compounded fastest (Ipg Photonics (IPGP) -13.8%/yr, Kornit Digital (KRNT) -35.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Kornit Digital (KRNT) has been the steadiest (Ipg Photonics (IPGP) 72.0%, Kornit Digital (KRNT) 43.5%). Volatility measures how widely the price swings, not the risk of the business.

Do IPGP and KRNT move together?

Their daily returns over the past year have a correlation of 0.22, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, IPGP and KRNT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ipg Photonics (IPGP) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.